Electrodeposited Copper Foils Market ABC market
will reach a value of ~US$ 20 Bn by the end of 2029
Rising demand for application in printed circuit boards (PCB) and lithium ion batteries is
boosting the growth of electrodeposited copper foils market. A new market research study
suggests that global electrodeposited copper foils market will reach a value of ~US$ 20
Bn by the end of 2029.
Emerging applications of electrodeposited copper foils in grid-level energy storage systems
are expected to provide lucrative opportunities for several players operating in the global
electrodeposited copper foils market.
Planning Forward? Access Sample of Electrodeposited Copper Foils Market Report
Key Takeaways – Electrodeposited Copper Foils Market Study
Due to lack of local production capacity, the market in Latin America and MEA remains
majorly driven by imports.
Increasing demand for lithium ion batteries for usage in electric and hybrid vehicles will
result in the growth of the worldwide electrodeposited copper foils market.
The development of nanomaterials such as graphene as viable substitutes for copper foils
could pose a threat to the growth of the electrodeposited copper foils market.
<20 μm will be the preferred thickness of electrodeposited copper foils.
Surging demand for consumer electronics such as smartphones, laptops, and wearable
devices, among others is projected to contribute towards the growth of the electrodeposited
copper foils market.
Growing application of connected devices or Internet of Things (IOT) technology, especially
in the industrial sector, is projected to create attractive growth opportunities for the
electrodeposited copper foil market.
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Focus of governments across the world has turned towards offering favorable policy
initiatives towards promotion of renewable energy. Moreover, rapid advancements